Reposted by Golden State
Jon Healey, my excellent former editor and colleague at the LA Times editorial board, came out of retirement to write the smartest critique of Proposition 40, the billionaire tax, I have yet to read. www.golden-state.org/smart-way-to...
golden-state.org
There's a smart way to tax billionaires. It isn't Prop. 40
The wealth tax on California's Nov. 3 ballot is so badly flawed that it's enough to make you wonder about the true intention of its sponsor.